Export-Import Bank Modernizes Payroll System for Faster Employee Payments in 2026
Published Date: 3/27/2026
Notice
Summary
The Export-Import Bank is updating its personnel and payroll system to make paying employees and tracking work time easier, faster, and more secure. This change affects all EXIM staff and improves how their salary, benefits, and time off are managed. The new system kicks in on March 27, 2026, with a 30-day window for public comments—no extra costs involved, just smoother operations!
Analyzed Economic Effects
3 provisions identified: 1 benefits, 1 costs, 1 mixed.
EXIM staff payroll system starts
EXIM is putting a new Federal Personnel Payroll System (FPPS) into use on March 27, 2026. If you are an EXIM employee, volunteer, or emergency worker, FPPS will handle payroll, benefits, pensions, and time-and-attendance tracking and is meant to streamline and secure how your pay and leave are managed.
Extensive personal data collected
The FPPS will store a wide range of personally identifiable information for current and former EXIM employees and related individuals, including Social Security number, bank routing and account numbers, medical and disability information, and home contact details. EXIM says the system uses encryption, PIV cards, passwords, and other safeguards and is rated FISMA moderate to protect that data.
Data may be shared for improper-payment reviews
The notice says FPPS records may be disclosed to the U.S. Department of the Treasury to review payment and award eligibility through the Do Not Pay Working System to identify, prevent, or recoup improper payments. EXIM updated routine uses to align with OMB memo M-25-32 dated August 20, 2025.
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